Hi martyt1. Here is the information that you are looking for. If you were to lease a 2006 Volkswagen Jetta GLI or 2.0T (their lease programs are currently identical)through VW Credit right now for 2 years with 12,000 miles per, its buy rate lease money factor and residual value should be .00161 and 64%, respectively. The numbers for an otherwise identical 36 month lease should be .00161 and 56%.

I am thinking about leasing a new Jetta 2.5 package #1, with manual. One of the dealers in my area is offering 2005 new Jetta 2.5 Package 1 with sunroof and alloys for 239/ mo 36 month with 320 down with 36000 miles for the lease. I would like to go for 48 mo 48k miles when I looked at the car before they said going to 48 normally lowers the lease by about $20 a month. So is 219 per month for 48 months with 48k miles a good deal. Also I think i may be able to get it a bit lower as i believe that is based on the MSRP of the car. About what is the cost of gap insurance? Thank you so much!

Hi clayuofm. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. If the lease that you were quoted is based upon a selling price of full MSRP you have some negotiating to do because Jettas normally sell for much less than that. I would be more than happy to work up a sample lease payment on the car that you are interested in for you if you let me know what these numbers are.

As far as gap insurance goes, many banks, including most manufacturers' captive finance companies, automatically include gap insurance in leases. You should check with VW Credit directly or your dealer's F&I person to find out of VW Credit does.

Yes. VW credit supplies gap as part of the lease...my wife leased a 2.5 with no option packs with auto. and xm radio...$ 0 dowm ($600 on credit card at signing for first moth/sales tax and reg fees.) She pays $269 plus $13..00 for sales tax for 48k/48 mo. Do you feel she got a good deal. She leased in mid June !

Im trying to negotiate a deal for a 2006 Passat but thats not going well, the dealer is pushing the 05 Jetta 2.5. We are looking at a MSRP of 24,040 , they offered it to 22,250....Im thinking this could be lower. They said the MF was 1.8% and the residual is 53% with a lease price of $317 for 12k miles year for 3 years. I think this seems pretty high compared to some other posts. Is $260 a month nothing down in the ballpark here. Any help is good help.

Hi bronxbombers. Sorry to hear about your team. It will be interesting to see what sort of changes good old George has in store for them this winter. Judging by the typical spread that the 2005.5 VW Jetta 2.5L has between its full MSRP and selling price and the $750 lease cash that is currently available on this car, I'd say that the price that you were quoted is right around $500 over dealer invoice. This is not a bad deal, but if dealers in your area are desperate to move their leftover inventory of Jettas you may be able to get this car for a couple hundred dollars less. VW Credit's buy rate lease money factor and residual value for a 36 month, 12,000 miles per year lease of this car are currently .00059 and 53%, respectively. This factor is equivalent to an interest rate of around 1.4%. Using these numbers and the prices that you mentioned, an MSRP of $24,040 and a selling price of $22,250, I come up with a zero down, pre-tax monthly payment of around $285. If you are able to negotiate a lower selling price, this car's payment would drop a little lower than this.

Have a Jetta coming off lease soon - not soon enough. Trying to understand financial liability if I turn in the car within 90 day of scheduled termination.

Urban myth is that one can turn in the vehicle and - other than exceess mileage/wear & tear and dispositon - there are no other charges. Said another way, I do not have to pay the last couple payments.

Unless the dealer decides to pay the last 3 months of the lease because you are buying another car from them, you will most likely be responsible to pay the remaining payments on your lease. Call the lease company (VW Credit) for specifics. I may be completely wrong.

I would like to lease a 2006 Jetta 2.5 Value with automatic. The dealer has quoted me $200 over invoice (around $18,937 including destination). I am looking to lease it for 3 or 4 years with 10k miles per year with excellent credit. What would be the MF and residuals for these two scenarios? Thank you in advance!

Looking ar the '06 Jetta 2.0 turbo with luxury leather package. Quoted at MSRP $32,375, with OTR $38500, know this is well over invoice. But given $525/mth (incl taxes) with 0 down Looking for 4 year lease know the MF and RV for canadian pricing. 20,000 km per year

Hi 93illini. I am sorry to say that even though you may be able to turn your car in to the bank that you are leasing it through 90 days prior to its scheduled termination date, you will still be liable for your final three months worth of payments. Turning your car in early does not give you the right to skip your remaining lease payments, it only saves you from having to pay insurance on a car that you are no longer interested in driving.

I'll see what I can do, jetskiman. According to the latest information that I have seen, if you were to lease a 2006 Volkswagen Jetta 2.5 Value Edition through VW Credit right now for 36 months with 10,000 miles per, its buy rate lease money factor and residual value should be .00174 and 59%, respectively. The numbers for an otherwise identical 48 month lease should be .00188 and 53%.

Hi grimdeep. I am sorry to say that I do not follow the Canadian automotive market vary closely and am not sure what the lease program for the Jetta is currently like in your country, nor am I familiar with its pricing there. I am sorry that I could not be of more help.

but maybe you or someone can just quickly clarify a small detail about Edmunds "TMV pricing report" section, when it shows the "what are others paying" price it includes Frieight or destination charges, but i assume Not all the other fees (eg gas, A/c registration etc) and taxes?

Hi jcanal. Many banks lease Certified Pre-Owned vehicles to consumers. Unfortunately, it often turns out that CPO vehicles have fairly similar lease payments to or even higher lease payments than equivalent brand new models. This is because automakers provide lease support on new vehicles to boost their sales totals and keep their factories humming, but they don't usually provide much in the way of lease support on used vehicles. Of course, there instances when leasing a used vehicle can be a good deal. BMW often has fairly attractive leases available on its CPO vehicles. I don't think that you would be able to get that great a deal on a lease of a used Jetta right now though.

Welcome smiamiguy. I'm glad that you enjoy this site so much. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

What you heard is absolutely correct. The selling prices of leased vehicles are negotiable, just as if you were paying cash or financing them. When you shop around, negotiate as good a deal as possible on the car that you want and then have the dealer that you are working with calculate a lease payment on it using that price.

I would be happy to try to give you an idea of how much it will cost to lease the Jetta that you are interested in. However, in order for me to do so I need some additional information from you first. This info includes the exact model that you want, its full MSRP, approximate selling price, how long you want to lease it for, and how many miles per year you need to be able to drive it.

Thanks for the help! I did some research and came up with MRSP for 2006 VW Jetta 2.5L, North Sea Green with dark grey leatherette interior, Package 1, XM Radio, 6-cd $27,000 (roughly). I also found the invoice price for the same to be $24,800...how much, do you recommend, should one ask above invoice?

I'm thinking of 39mo, 15,000 mi/year. Also, what do you estimate the residual value of a Jetta to be?

I am in the Los Angeles area and I am interested in leasing a 2006 VW Jetta GLI, with an MSRP of $29,580 and a selling price of $28,000. I am interested in either a 24-month, 12,000 mile/year lease or a 36-month, 12,000 mile/year lease. What are the money factor and residual values for each program and what can I expect to pay per month (assuming $0 down)?

Here you go, nvnick. If you were to lease a 2006 Volkswagen Jetta 2.0T Sedan through VW Credit right now for 39 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00166 and 54%, respectively.

You're very welcome smiamiguy. I am not personally all that familiar with what the market for the '06 Jetta is like right now, but I suspect that $750 over invoice might get the job done. You may be able to get additional feedback on how much you should pay for this car by visiting the following discussion: "Volkswagen Jetta: Prices Paid & Buying Experience".

Volkswagen Credit's current buy rate lease money factor and residual value for a 39 month, 15,000 miles per year lease of a 2006 VW Jetta 2.5L (not the Value Edition) should be .00153 and 55%, respectively. The residual value of a 39 month lease of Jetta 2.5 with an MSRP of $27,000 (this number should include the destination charge) would be $14,850.

Hello benji123. If you were to lease a 2006 Volkswagen Jetta GLI through VW Credit right now for 24 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00162 and 63%, respectively. The numbers for an otherwise identical 36 month lease should be .00162 and 56%. Using these numbers, an MSRP of $29,580, and a selling price of $28,000, I estimate that this car should have 24 month, a zero down, pre-tax monthly payment of around $466 and a 36 month payment of around $390.

Car Man,I am nearing the end of my lease on a 2002 Audi A4 and I am planning on continuing to lease. I am interested in a New Jetta, and the current $249/month with $0 at signing (minus fees and such) seems like an attractive deal. Based on my calculations, they are giving a 57% residual (39 months) and a money factor of .00196. I was wondering if the same MF and residual are applicable to the regular Jetta 2.5, or if these numbers are exclusive to the Value Edition. I noticed a couple of posts up that you listed these numbers, but I also noticed that the message was posted in December. Are those numbers the same now? Thanks in advance.